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Moody's upgrades India's outlook to positive, sovereign rating still a notch above junk

Last Updated: Thursday, April 9, 2015, 10:36

India's sovereign rating currently stands at 'Baa3', the lowest investment grade -- just a notch above 'junk' status.

Moody's upgrades India's outlook to positive, affirms Baa3 rating

Last Updated: Thursday, April 9, 2015, 08:34

Ahead of Prime Minister Narendra Modi's Europe visit, Moody's has raised India's credit rating outlook to stable, validating government's reform thrust and fiscal discipline.

Economic recovery, fiscal improvement would be credit-positive: Moody's

Last Updated: Wednesday, March 11, 2015, 18:05

Maintaining its outlook on India`s `Baa3` rating as stable, global credit rating agency Moody`s Investors Service said on Wednesday that an economic recovery along with fiscal improvement will be credit-positive.

Reform policies to determine India's credit profile: Moody's

Last Updated: Wednesday, February 25, 2015, 10:33

Moody's said the upward revision in GDP growth estimates on the basis of base year revision highlight the strength of the economy.

Cement sector to witness recovery in demand, prices: ICRA

Last Updated: Tuesday, February 10, 2015, 21:11

The wholesale cement prices in North and West came under pressure in Q2 FY15 due to monsoons. Post monsoons, the recovery in prices has been slow.

Standard & Poor`s downgrades Greece to just above default vulnerable

Last Updated: Saturday, February 7, 2015, 00:55

Standard and Poor`s downgraded Greece`s credit rating on Friday to B-, just one notch above the range indicating vulnerability to a default, warning Athens had limited time to reach a deal on its massive debts with creditors.

Standard & Poor`s downgrades Greece to just above default 

Last Updated: Saturday, February 7, 2015, 00:05

Standard and Poor`s downgraded Greece`s credit rating on Friday to B-, just one notch above the range indicating vulnerability to a default, warning Athens had limited time to reach a deal with creditors.

Russia attacks 'politically motivated' downgrade to junk rating

Last Updated: Wednesday, January 28, 2015, 00:16

Moscow said S&P`s downgrade to `BB+` was motivated by the West`s current standoff with Russia over Ukraine.

S&P strips Russia of investment grade rating

Last Updated: Tuesday, January 27, 2015, 00:42

Standard and Poor`s stripped Russia on Monday of its investment-grade rating, cutting it by one notch to `BB+` into speculative territory with a warning that growth prospects have weakened.

Fitch raises Egypt`s credit rating to `B`

Last Updated: Saturday, December 20, 2014, 08:53

Fitch Ratings upgraded Egypt`s credit rating one rank to "B" with a "stable" outlook Friday, saying the authorities seemed committed to major reforms.

Fitch places Japan credit on Rating Watch Negative

Last Updated: Tuesday, December 9, 2014, 19:29

Fitch Ratings on Tuesday placed Japan`s sovereign credit on Rating Watch Negative, warning that the delay in raising consumption tax would put the government`s objective of reducing the national debt at risk.

Moody`s cuts Sony`s credit rating to junk

Last Updated: Monday, January 27, 2014, 15:32

Moody`s cut its credit rating on Sony to junk on Monday, saying the Japanese electronics giant had more work to do in repairing its battered balance sheet.